Abhijeet Singh

Articles By Abhijeet Singh

405 Articles

Markets at top: Sensex ends at 35,798, Nifty 34 pts away from 11,000; TCS, RIL, Axis Bank rally 3-6%

Indian stock markets finished at fresh tops with Sensex closing at a record high of 35,798 and Nifty just being 34 points away from hitting the psychological mark of 11,000 led by the rally in heavyweight shares of TCS, RIL a

Markets News

Axis Bank Q3 result: Net profit jumps 68% on-quarter, asset quality improves, slippages decline 50%

Axis Bank on Monday reported a rise of 68% in the net profit to Rs 726 crores for the quarter ended 31 December 2017 with the asset quality improving after the private sector lender posted heavy slippages in the preceding qua

DoT calls Axis Bank's action serious breach of trust News

RIL shares jump nearly 5% to hit all-time high on biggest ever quarterly net profit, Jio turning profitable

RIL shares jumped nearly 5% to hit the all-time high on Monday after the Mukesh Ambani firm posted the biggest ever quarterly net profit with Reliance Jio turning profitable.

The newest telecom company Reliance Jio backed by India’s richest person Mukesh Ambani turned profitable in the third quarter of the financial year 2017-2018. News

ONGC-HPCL deal: Shares witness contrary trades; ONGC up 6%, HPCL down 4%

Following the ONGC-HPCL deal, a contrary trade was observed in the shares of ONGC and HPCL in the early session on Monday. The stock of state-owned ONGC jumped over 6% while the shares of oil refining major HPCL shed 4%.

Markets News

Rupee nears 64 level against US dollar, falls 14 paise

The Indian rupee neared 64 level against US dollar on Monday after falling as much as 14 paise in the early trades.

Markets News

Market at records: Sensex peaks 35,664, Nifty tops 10,926.45; ONGC jumps 6%, RIL rallies over 2%

India's stock markets opened on a positive note on Monday with Sensex making a fresh peak of 35,664 and Nifty hitting a record high of 10,926.45. Shares of ONGC jumped over 6% while the stock of RIL surged as much as 2.5% aft

Markets News

Reliance Jio turns profitable: A year old telecom biz vs veteran Bharti Airtel at glance

The newest telecom company Reliance Jio backed by India’s richest person Mukesh Ambani turned profitable in the third quarter of the financial year 2017-2018. We take a look at Q3 performances of Bharti Airtel vs Reliance J

Industry News

Nifty crossed 10,900 for 1st time: Highlights of record-breaking rally and major developments this week

The key equity index Nifty breached the psychological level of 10,900 for the first time on Friday led by an uptick in over a dozen heavyweight shares. We take a look at highlights of the record-breaking rally and major devel

Markets News

HDFC Bank Q3 result: Net profit jumps 20.1% on-year to Rs 4,642.6 crore, bad loans stable on-quarter

India's most valuable lender and the biggest private sector bank HDFC Bank reported a rise of 12.01% in the third-quarter net profit to Rs 4,642.6 crore while the bad loans for the quarter ended 31 December 2017 were almost s

Banking & Finance News

Rupee becomes stronger, gains 23 paise against US dollar today

The Indian rupee became stronger on Friday gaining as much as 23 paise against the US dollar in the early trades.

Markets News

Sensex resumes in green ahead of blue-chip Q3 results; Adani Ports, Yes Bank, RIL ITC gain up to 4%

India's stock started on a positive note on Friday with Sensex and Nifty opening in green ahead of blue-chip third-quarter earnings with shares of Reliance Industries, ITC, Kotak Mahindra Bank, Yes Bank and Adani Ports rising

Markets News

Rupee gives up intraday gains but still ends slightly up against US dollar

The Indian rupee gave up intraday session gains on Thursday but still ended up against the US dollar on Thursday, rising by 3 paise.

Markets News

Thrilling Thursday: Sensex ends at record high of 35,260 after kissing 35,507; mid-cap shares bleed

Indian stock markets continued the record-breaking run on Thursday with Sensex and Nifty settling at fresh closing highs on reports that government is considering raising FDI limit in banks while most of the mid-cap shares fe

Markets News

Yes Bank Q3 result: Net profit spikes 22% on-year to Rs 1,079 crore, bad loans shrink sequentially

India's fifth-largest private sector lender Yes Bank on Thursday reported a rise of 22% in the third-quarter net profit to Rs 1,076.9 crore on a yearly basis and a sequential rise of 7.4%.

Banking & Finance News

Sensex crosses 35,500, gains 736 points in 2 days; 7 reasons why

The benchmark Sensex index crossed 35,500 on Thursday, just a day after breaching the psychological mark of 35,000 on Wednesday, gaining as much as 736 points in 2 days. We take a look at seven reasons which helped Sensex to

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HDFC Bank market cap tops Rs 5 lakh crore for 1st time; becomes 3rd Indian company to enter the club

The market capitalisation of HDFC Bank topped Rs 5 lakh crore on Thursday for the first time ever, with this HDFC Bank became the third Indian company to enter Rs 5 lakh crore market cap club

Markets News

BFSI shares rally: HDFC twins, Yes Bank, SBI, IndusInd Bank, Axis Bank, ICICI Bank, PNB surge up to 5%

Shares of BFSI (Banking, Financial Services and Insurance) sector rallied heavily on Thursday with HDFC twins, Yes Bank, IndusInd Bank, SBI, ICICI Bank, PNB, Axis Bank, rising up to 5% in today's trade.

Markets News

Dalal Street at new records: Sensex rallies 395 pts, Nifty nears 10,900; HDFC Bank hits all-time high

The party at Dalal Street continued on Thursday as India's stock markets hit fresh record highs with Sensex rallying 395 points and Nifty nearing 10,900 mark for the first time ever today. Shares of India's most valuable lend

Markets News

Rupee dives to 3-week low, slips 44 paise against US dollar

The Indian rupee tumbled to a three-week low slipping as much as 44 paise against the US dollar on Tuesday as concerns over trade deficit widening to a three-year high jolted the investor sentiments.

Markets News

HDFC twins, ICICI Bank take Dalal Street to all-time high: Sensex ends 251 points higher

A sharp rise in the shares of HDFC twins, ICICI Bank steered Dalal Street to conclude at all-new record highs on Monday with Sensex gaining 251 points at closing while Nifty concluded at a record high of 10,741.55.

Markets News

Market extends record breaking rally: Sensex gains 371 points, Nifty just 18 points short of 10,800

India’s stock markets extended their record-breaking rally on Monday with Sensex hitting a lifetime peak of 34,963 and Nifty index just away 18 points from hitting 10,800.

Markets News

Q3 results optimism uplifts market to fresh records: Sensex jumps 209 points, Nifty crosses 10,700 for first time

India's stock markets started on a positive note on Monday with Sensex and Nifty hitting all-new record highs on the back of third-quarter earnings optimism and positive global cues led by a continuous upsurge in American sto

Markets News

Infosys’ Rs 13,000 crore share buyback effect: EPS jumps 38% while cash reserves fall 33%

Following the mega buyback of Rs 13,000 crore, the EPS of Infosys has increased by 38% while on the other hand, the cash reserves of the IT giant have reduced by 33% at the end of 31 December 2017. Meanwhile, Infosys Q3 profi

Markets News

Shares of ICICI, RIL, HDFC elevate market to fresh records: Sensex tops 34,592, Nifty 19 pts short of 10,700

A sustained rise in the shares of heavyweight companies such as ICICI Bank, Reliance Industries, HDFC, and Maruti Suzuki elevated stock markets to conclude at fresh record highs on Friday with Sensex topping 34,592.39 at the

Markets News

Dalal Street extends jubilation: Real estate, BFSI, metal emerge as most promising sectors in 2017

Dalal Street extended the year-long jubilation on Friday with Sensex and Nifty mounting to fresh record highs. We take a look at the best performing sectors and a few stocks which have outperformed the headline indices in the

Markets News

Who is Ajit Jain? The Indian who may succeed Warren Buffett to head Berkshire Hathaway

Who is Ajit Jain? The Indian national who may succeed the Oracle of Omaha, maestro of Wall Street Warren Buffett to head Berkshire Hathaway. Warren Buffett, 87, chairman and CEO of Berkshire Hathaway, seems to be on a lookout

Markets News

Jeff Bezos richer than Bill Gates: 24 year old Amazon’s founder outshines 43 year old Microsoft boss

Jeff Bezos, the founder Chairman and CEO of Amazon.com is the richest person on the earth ever in history. Now Jeff Bezos, the creator and conceptualizer of 24-year-old Amazon.com Inc. is richer than Bill Gates, the business

Markets News
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